
The U.S. consumer watchdog faces paralysis as funding cuts bite. A judge has ordered the Trump administration to restore payments to the Consumer Financial Protection Bureau, halting its attempt to defund the agency as tensions over America’s regulatory future intensify.

December reshaped UK dealmaking, from energy divestments to takeovers worldwide. BP’s Castrol carve-out set the tone, while Smiths, Petrofac, SolGold, and International Personal Finance highlighted continued appetite for UK assets. The month revealed how capital is being deployed — selectively, strategically, and with little tolerance for ambiguity.

John Carreyrou files a federal lawsuit against six AI developers. The complaint alleges the companies used copyrighted books, including his own work, without consent to train their chatbots — opening a new front in the industry’s deepening legal battle over training data.

HMRC is intensifying its scrutiny of fast growing UK companies. Francesca Titus, barrister and white-collar crime partner at McGuireWoods, warns that expanding enforcement powers, AI-led investigations, and new criminal offences are raising the stakes. For scale-ups, proactive compliance is now essential — before HMRC comes knocking.

Gold and silver broke all-time records on Monday as investors priced in 2026 rate cuts, capping a historic year for precious metals amid slowing global growth and renewed safe-haven demand.

Lomond completes strategic sale with Womble Bond Dickinson. The transaction follows Lomond’s landmark acquisition of Kinleigh Folkard & Hayward earlier this year, underscoring the company’s expanding national property footprint and the continued legal partnership between Lomond and Womble Bond Dickinson.

Customer engagement in the financial sector is evolving at speed. Jon Burghart, Chief Revenue Officer at AnywhereNow, examines how legacy systems, fragmented data, and overstretched teams are redefining how banks serve their customers. The winners will be those who unify people, technology, and data into one strategy.

Basware strengthens its AP automation reach through Redmap acquisition. The global invoice automation leader has acquired Australian AP software provider Redmap, expanding its reach across the fast-growing Asia-Pacific market as governments and businesses accelerate adoption of e-invoicing and compliance automation.

UK SMEs may finally have reason for cautious optimism. Rory Crisp-Jones of Jones & Co Finance argues that the Autumn Budget has provided long-awaited stability and renewed incentives to invest — from full expensing and a new 40% First-Year Allowance to a steady 25% corporation tax rate — shifting the balance towards growth.

The UK Treasury plans to extend financial regulation to cryptocurrency markets, requiring exchanges and wallet providers to register with the FCA and meet anti-money-laundering standards. The new rules, set to take effect by 2027, aim to boost investor confidence and ensure global competitiveness.